Fleming College: Learn | Belong | Become

Program Highlights

The Accounting program focuses on the business, financial and practical skills you'll need to succeed:

• Take part in a field placement with a business or industry for hands-on experience.
• In your first and second semesters, you'll take part in courses common to all Business Administration students at Fleming.
• In semesters three to six, you'll specialize in the training you'll need to pursue your career as an accountant.

Why Choose Fleming?

Graduates of the Accounting program can choose to enter the workforce or pursue a professional designation. Your course work can be counted towards exemptions in the first three levels of the Certified General Accountant (CGA) program of study. You'll be taught by professionals who know what you need to succeed -- and graduate with the relevant education employers are looking for.

This program will prepare you for a career in today's ever-changing world. The EDGE focus within the School of Business, Computing and Hospitality is founded on 4 principles:

Work Experience

Put your education to the test. As part of your studies, you will complete a minimum of 140 hours of field placement. You'll arrange these placements, with the support of your program co-ordinator, during the course of study. This experience in a business or industry will give you the chance to put your education to work and provide contacts and a network for future employment.

What it Takes to Succeed

• Detail-oriented
• Problem-solving ability
• Computer skills
• Strong analytical and creative thinking skills
• Strong interpersonal skills

Career Opportunities

Job opportunities are available in many sectors, including: banks, manufacturing and service companies, government ministries, and non-profit or charitable organizations. Positions range from junior accountant to financial analyst, as well as accounting technician or auditor, among others.

Minimum Admission Requirements

OSSD with the majority of credits at the College (C) and Open (O) level, including:

• 2 College (C) English courses (Grade 11 or Grade 12)
• 1 College (C) Math course (Grade 11) 

When (C) is the minimum course level for admission, (U) or (U/C) courses are also accepted. 

Recommended (but not required for admission): 

• Grade 12 College (C) Math

Mature Students  If you are 19 years of age or older before classes start, and you do not possess an OSSD, you can write the Canadian Adult Achievement Test to assess your eligibility for admission. Additional testing or academic upgrading may be necessary to meet specific course requirements for this program.

* Students starting in January are required to attend classes over the summer semester.

Related Programs

Graduates can pursue a CGA program after graduation for further qualifications and professional designation.

Additional Costs

Approximately $1,000 per year for books and supplies.

University Transfer Agreements

• Athabasca University
• Australian Catholic University National
• Griffith University, Queensland, Australia
• Lakehead University
• Laurentian University
• Northwood University
• Ryerson University
• Trent University
• University Canada West - Victoria, BC
• University of Lethbridge
• University of Ontario Institute of Technology
• University of Windsor

Course	Hours
Semester 1
Business Essentials - A Survival Course	45.00
Financial Statements and the Finance Environment	45.00
Introductory Computing	45.00
Marketing	45.00
ONE of: College Communication Skills for Business and Hospitality Professionals 67.00 College Communications for Business and Hospitality Professionals 37.00
ONE of: College Math Skills 60.00 Math Fundamentals for Business Studies 45.00
Please Note: All students will complete literacy and numeracy testing in order to determine enrollment in the appropriate Communications and Math courses.
Semester 2
Business Teams	45.00
Business and Contract Law	45.00
Communicating at Work for Business and Hospitality Professionals	45.00
Human Resources Administration	45.00
International Trade	45.00
Operations Management	45.00
Semester 3
Macroeconomics	45.00
Computerized Accounting I	45.00
Contemporary Management Skills	45.00
Introductory Accounting	45.00
Management Accounting I	45.00
Choose One Program Elective: Introduction to Materials Management 45.00 New Ventures 45.00
Semester 4
Business Statistics and Quantitative Methods	45.00
Field Placement I (BAB)	70.00
Intermediate Computer Applications	45.00
Introductory Accounting II	45.00
Management Accounting II	45.00
Payroll Administration	45.00
General Education Elective
Semester 5
Communications - Report Writing	45.00
Auditing	45.00
Finance I	45.00
Intermediate Accounting: Assets	60.00
General Education Elective
Choose One Program Elective: Career Search 45.00 Introduction to Materials Management 45.00 New Ventures 45.00
Semester 6
Field Placement II (BAB)	70.00
Finance II	45.00
Intermediate Accounting: Liabilities and Owner's Equity	60.00
Microeconomics	45.00
Payroll Administration	45.00
Taxation II	45.00
General Education Elective

Semester 1

College Communication Skills for Business and Hospitality Professionals

Course Number: COMM155

This first semester course will introduce students to the essential communication skills required to be successful in their chosen post-secondary program. These skills include reading, writing, speaking, listening and critical thinking. Through a series of written assignments, in-class discussions based on readings, and lab activities, students will improve their overall communication skills. Students of COMM155 will engage in a series of activities and assignments designed to provide the essential language skills required for academic success. This course is equivalent to COMM78, with the exception that students receive an additional two hour support seminar to ensure foundational skills are in place.

Units: 67.00
Hours: 67.00

College Communications for Business and Hospitality Professionals

Course Number: COMM078

This first semester course will introduce students to the essential communication skills required to be successful in their chosen post-secondary program. These skills include reading, writing, speaking, listening and critical thinking. Through a series of written assignments, in-class discussions based on readings, and lab activities, students will improve their overall communication skills. Students of COMM78 will engage in a series of activities and assignments designed to provide the essential language skills required for academic success.

Units: 37.00
Hours: 37.00

Business Essentials - A Survival Course

Course Number: BUSN002

This course will explore the nature of business and the role of the individual within the business context. The course will help to prepare the student for the world of business by developing an understanding of the major functional aspects of a successful business. The course will also focus on a number of important business trends that will continue to affect business into the future. These include the growth and influence of international business, the role of ethics and social responsibility in business decisions, the significance of small business, the growth of the service sector, and the influence of technology on business activities. This is an approved general education course.

Units: 45.00
Hours: 45.00

Financial Statements and the Finance Environment

Course Number: ACCT071

This course offers business students a basic understanding of how the activities of an organization are reflected in the financial statements as well as offering an understanding of the basic terms and content of financial statements. The student is then required to apply that basic understanding of concepts along with analytical techniques to reach financial decisions in business organizations. Practical applications of financial concepts to the operation of the business are emphasized. Specific topics include understanding of the Balance sheet, Income Statement, Statement of Retained Earnings and Statement of Cash flows. Other topics include financial planning, working capital management, the capital budgeting process, financial statement analysis and break even analysis. Note: This course has been approved by the Human Resources Professionals Association (HRPA) as a half credit in the Canadian Council of Human Resources Associations' (CCHRA) national certification program. To qualify to write the National Knowledge Exam, it is necessary to attain an overall average of 70 percent in the nine subjects covered, with no grade of less than 65 percent.

Units: 45.00
Hours: 45.00

Introductory Computing

Course Number: COMP345

Working in the Windows XP environment, this computer course introduces the student to computer basics (computer terminology, e-mail, file management) and the application and use of word processing, spreadsheet, and presentation software using Microsoft Office 2007. Through the extensive use of hands-on activities, students will gain sufficient knowledge and experience to make productive use of computers as a tool in both college and workplace environments. Students will have the opportunity to attain the International Computer Driving Licence (ICDL) Start Certification if they attain 75% or more on each of the four ICDL Start Certification tests.

Units: 45.00
Hours: 45.00

Marketing

Course Number: MKTG014

This is an introductory course in Marketing designed to provide an awareness and understanding of the role and function of marketing within an individual firm and throughout the total economy. The student is introduced to the principles and techniques of marketing and its various functional areas. The various marketing strategies utilized in product or service planning and development, pricing, distribution and promotion in response to the needs and wants identified in various markets are explored.

Units: 45.00
Hours: 45.00

College Math Skills

Course Number: MATH099

Units: 60.00
Hours: 60.00

Math Fundamentals for Business Studies

Course Number: MATH011

The Math Fundamentals for Business Studies course was designed to be an integral portion of all programs offered by the School of Business at Sir Sandford Fleming College. This course is a one-semester study of the mathematics applicable to the business and financial community. Math Fundamentals for Business Studies places the significance of mathematics as a problem solving and decision making tool. Topics covered: manipulation of business formulae, break-even analysis, monetary conversion, mathematics of buying and selling, simple, compound interest and annuities.

Units: 45.00
Hours: 45.00

Semester 2

Business Teams

Course Number: SOCI125

Learn about the movement towards getting work done through teams in organizations, and develop the knowledge and skills to thrive in this area. This course meets the General Education requirements primarily in the areas of Work and the Economy and Social Understanding, as well as touching Civic Life, Personal Development, and Cultural Understanding.

Units: 45.00
Hours: 45.00

Business and Contract Law

Course Number: LAWS004

Business people and consumers in Ontario are affected by a broad spectrum of federal, provincial and municipal laws and a variety of court-created legal principles. This course serves as an introduction to business and consumer law.

Units: 45.00
Hours: 45.00

Communicating at Work for Business and Hospitality Professionals

Course Number: COMM148

In this course you will continue to develop your communication skills with a focus on how communication and the written word works in business and hospitality professions. This course is designed to help you better understand the communication demands of your eventual career employment. You will continue to reinforce speaking, writing, reading, and listening techniques common to the expectations demanded by the work place of your career choice by applying, at a more sophisticated level, principles of style, structure, mechanics and techniques (for orals).

Units: 45.00
Hours: 45.00

Human Resources Administration

Course Number: MGMT007

This course is designed to provide an overview of key human resources activities and the related legislation affecting today's workplaces. Topics of study include the strategic role of HRM, legal compliance and valuing diversity, designing and analyzing jobs, human resources planning, recruitment, selection, orientation and training, performance appraisal, compensation, employee benefits & services, labour relations, and occupational health & safety. Participants will also have an opportunity to discuss legal compliance in the areas of human rights, pay/employment equity, employment standards, labour relations, and health & safety. Applied learning opportunities include case study analyses, identification of Human Rights Code violations on an employment application form, development of a job description/specification and a recruitment ad, critique of managerial performance on videotape, web-based research pertaining to employment practices, and completion of a journal article summary and explanation of its relationship to the course material. Note: This course has been approved by the Human Resources Professionals Association (HRPA) as a credit in the Canadian Council of Human Resources Associations' (CCHRA's) national certification program. To qualify to write the National Knowledge Exam, it is necessary to attain an overall average of 70 percent in the nine subjects covered, with no grade of less than 65 percent. Prior to enrollment in this course, it is recommended that learners have attained the learning outcomes of Communications for Business (COMM78).

Units: 45.00
Hours: 45.00

International Trade

Course Number: MTRL008

This course provides students with an overview and understanding of international trade, its history, process, and current applications.

Units: 45.00
Hours: 45.00

Operations Management

Course Number: BUSN020

This course is designed to give students an understanding of the functions of business operations. Students develop an understanding of the important factors and some of the analytical tools that can be used to improve productivity and customer service. Emphasis is placed on the cost benefit relationship.

Units: 45.00
Hours: 45.00

Semester 3

Macroeconomics

Course Number: BUSN013

Macroeconomics is the study of the overall performance of the economy. Fluctuations in the level of national output, incomes, prices and employment are analyzed along with government policies to control these fluctuations.

Units: 45.00
Hours: 45.00

Computerized Accounting I

Course Number: ACCT074

Units: 45.00
Hours: 45.00

Contemporary Management Skills

Course Number: BUSN006

In this course, both theoretical and practical fundamentals of managerial work are explored and experienced. Through self-assessments, skills workshops, discussions, and lectures, students will learn management competencies in interpersonal and leadership strategies, the dynamics of power and innovation, as well as organizational strategies to enhance performance and productivity.

Units: 45.00
Hours: 45.00

Introductory Accounting

Course Number: ACCT072

Units: 45.00
Hours: 45.00

Management Accounting I

Course Number: ACCT022

This is a survey course that relates to the uses of accounting information for decision-making purposes. Students will begin with an understanding of fundamental cost concepts as they relate to a manufacturing environment, as well as an understanding of cost behaviour. Then they will apply various techniques to analyze and interpret information as it relates to different decision situations faced by managers. Note: This course has been approved by the Human Resources Professionals Association (HRPA) as a half credit in the Canadian Council of Human Resources Associations' (CCHRA's) national certification program. To qualify to write the National Knowledge Exam, it is necessary to attain an overall average of 70 percent in the nine subjects covered, with no grade of less than 65 percent. Note: It is recommended that students have completed Math Fundamentals for Business Studies (MATH 11) and Financial Statements and the Finance Environment (ACCT71).

Units: 45.00
Hours: 45.00

Introduction to Materials Management

Course Number: MTRL011

This course gives the student an understanding of the problems associated with materials flow in a business enterprise and an understanding of the organizational and analytical tools available for their solution. Methods used include Forecasting, Master Scheduling, Materials Requirements Planning and Dynamic Lot Sizing.

Units: 45.00
Hours: 45.00

New Ventures

Course Number: BUSN061

This course is designed to develop an understanding of planning the start-up of a business, its ongoing management and strategies for growth. Students learn about the legal forms of business ownership, the importance of financial analysis as a success indicator for the business and appropriate marketing tactics for promoting small business. The student will develop an actual business plan for their own business idea.

Units: 45.00
Hours: 45.00

Semester 4

Business Statistics and Quantitative Methods

Course Number: MATH046

The understanding and application of basic statistical analysis to business related problems will be examined. The calculation and interpretation of statistical measures will be thoroughly covered. Once the basic measures are mastered, probability and probability distributions will be discussed. Statistical measures, data collection and probability distributions will be brought together to perform statistical inference with confidence intervals and hypothesis testing. Then, simple linear regression will be developed. The calculation and interpretation of statistical measures will be learned within a format of class time practice, specific course assignments and use of the Excel? computer spreadsheet.

Units: 45.00
Hours: 45.00

Field Placement I (BAB)

Course Number: FLPL138

Units: 70.00
Hours: 70.00

Intermediate Computer Applications

Course Number: COMP103

This course builds on the common functions of file management, word processing, spreadsheets and database to enhance skills for a business environment. The use of tables, multi-page documents and graphics will be covered in word processing. spreadsheet skills in the use of functions and formulas, formatting, conditions, lists, graphics and multiple worksheets will be developed. The integration of word processors, spreadsheets and databases will be included, particularly mail/merge.

Units: 45.00
Hours: 45.00

Introductory Accounting II

Course Number: ACCT004

This is a continuation of Introductory Accounting (ACCT 72). This segment focuses on components of the balance sheet, current and capital assets, liabilities, and the equity section for partnerships and corporations.

Units: 45.00
Hours: 45.00

Management Accounting II

Course Number: ACCT023

This course explores cost-accounting techniques as they relate to the valuation of inventory in a manufacturing operation. Students will apply analytical skills to determine unit product costs, measure production process costs, and allocate resources efficiently within the firm in order to maximize profits while maintaining the ability to meet long-term strategic objectives. Terminology and concepts learned in Management Accounting are expanded on in this course.

Units: 45.00
Hours: 45.00

Payroll Administration

Course Number: MGMT020

This course provides an introduction to payroll practices and procedures. An overview of the payroll function, employment standards, earnings, taxable benefits, Canada/Quebec Pension plans, employment insurance, net pay, and record of employment are presented. Materials used in the course are produced by the Canadian Payroll Association. Those wishing to receive certification as a payroll administrator will be required to write the exam set by the Canadian Payroll Association and successfully complete an introductory course in computer systems. Note: Although not required to fulfill Fleming's Human Resources Management Certificate Program requirements or to qualify for the Certified Human Resources Professional (CHRP) designation, taking this course will enhance the knowledge, skills, and abilities of human resources practitioners wishing to pursue their designation, individuals aspiring to move into the human resources management or industrial relations field, and those in general management/supervisory positions with key human resources responsibilities. It is for that reason that this course is mandatory for those enrolled in the Business Administration Human Resources Management Diploma Program.

Units: 45.00
Hours: 45.00

Semester 5

Communications - Report Writing

Course Number: COMM006

In this course, you will learn how to plan, organize, illustrate, edit, and present written and oral material in both an informational and analytical style to businesses, service and technological industries, and government agencies.

Units: 45.00
Hours: 45.00

Auditing

Course Number: ACCT005

This course serves as an introduction to the auditing principles and procedures that are applicable to both internal and external audits. Topics include reporting, the ethical and legal environment, audit objectives, audit evidence, audit planning and analytical review, materiality and risk, internal control, and audit sampling. Particular attention is paid to the audit of the sales and collection cycle.

Units: 45.00
Hours: 45.00

Finance I

Course Number: ACCT077

This is the first of two courses in corporate finance, with a focus on the financing decisions of organizations. Building on knowledge gained in financial accounting, economics, and statistics, students consider the role of the financial manager and the environment for financial decisions, examining issues such as interest rate structure, security valuation and capital budgeting decisions. The concept of risk management as it pertains to investment portfolios will also be reviewed.

Units: 45.00
Hours: 45.00

Intermediate Accounting: Assets

Course Number: ACCT076

This is an intermediate level financial accounting course focusing on the asset side of the balance sheet. Students will cover financial reporting for external users, accounting concepts, income statement and balance sheet presentation, the cash flow statement, and revenue and expense recognition. The valuation of both current and long-term assets will be studied. Students will use computer software to produce financial statements and to demonstrate accounting concepts.

Units: 60.00
Hours: 60.00

Career Search

Course Number: BUSN027

Set yourself apart from the crowd. This course builds on students' existing knowledge of job search techniques. It focuses on the preparation of a personal resume, cover letter and career portfolio relevant to their field of study. Emphasis will be placed on interview and presentation skills appropriate for the workplace. Participants will complete this course confident in their ability to match their skills to the demands of the workplace.

Units: 45.00
Hours: 45.00

Introduction to Materials Management

Course Number: MTRL011

This course gives the student an understanding of the problems associated with materials flow in a business enterprise and an understanding of the organizational and analytical tools available for their solution. Methods used include Forecasting, Master Scheduling, Materials Requirements Planning and Dynamic Lot Sizing.

Units: 45.00
Hours: 45.00

New Ventures

Course Number: BUSN061

This course is designed to develop an understanding of planning the start-up of a business, its ongoing management and strategies for growth. Students learn about the legal forms of business ownership, the importance of financial analysis as a success indicator for the business and appropriate marketing tactics for promoting small business. The student will develop an actual business plan for their own business idea.

Units: 45.00
Hours: 45.00

Semester 6

Field Placement II (BAB)

Course Number: FLPL139

In order to graduate students must complete the prescribed placement component for their program. This course represents 70 hours towards the completion of the field placement component. Placement hours may involve a block of hours either during the semester or at the end of the semester. Or can be scheduled as weekly hours during the semester as timetable permits. To obtain the placement credit students must work in an environment that contributes to the application of their formal learning in a business or organizational environment.

Units: 70.00
Hours: 70.00

Finance II

Course Number: ACCT081

Building on knowledge acquired in Finance I (ACCT 77), students will continue to examine issues facing the financial executive. Students will study the characteristics and features associated with various sources of financing. Capital budgeting techniques will be employed to analyze choices between different projects as well as alternative capital sources. Students will examine investment decisions as they relate to the operation of the firm. Topics include working capital management, credit and receivables management, cash management, and financial planning and analysis.

Units: 45.00
Hours: 45.00

Intermediate Accounting: Liabilities and Owner's Equity

Course Number: ACCT080

This intermediate level financial accounting course focuses on the liability and equity sections of the balance sheet. Topics covered include the legal and financial aspects of corporations, shareholders¿ equity, complex debt and equity instruments, leases, accounting for income taxes, pensions and other employee future benefits, accounting changes and error analysis and financial statement analysis. Computer software will be used to give students hands-on experience and to demonstrate accounting concepts.

Units: 60.00
Hours: 60.00

Microeconomics

Course Number: BUSN018

This course provides an introduction to the economic behaviour of consumers and firms in the marketplace. Microeconomics studies the way that individual markets work and how regulations and taxes affect trade, consumers, and producers.

Units: 45.00
Hours: 45.00

Payroll Administration

Course Number: MGMT020

This course provides an introduction to payroll practices and procedures. An overview of the payroll function, employment standards, earnings, taxable benefits, Canada/Quebec Pension plans, employment insurance, net pay, and record of employment are presented. Materials used in the course are produced by the Canadian Payroll Association. Those wishing to receive certification as a payroll administrator will be required to write the exam set by the Canadian Payroll Association and successfully complete an introductory course in computer systems. Note: Although not required to fulfill Fleming's Human Resources Management Certificate Program requirements or to qualify for the Certified Human Resources Professional (CHRP) designation, taking this course will enhance the knowledge, skills, and abilities of human resources practitioners wishing to pursue their designation, individuals aspiring to move into the human resources management or industrial relations field, and those in general management/supervisory positions with key human resources responsibilities. It is for that reason that this course is mandatory for those enrolled in the Business Administration Human Resources Management Diploma Program.

Units: 45.00
Hours: 45.00

Taxation II

Course Number: ACCT031

This is a continuation of Taxation I (ACCT 30). That course explored liability for tax and determination of net income for tax purposes from a variety of sources, including employment, capital gains, miscellaneous sources, determination of net income, and determination of taxable income and federal taxes payable. The objective of Taxation II is to further explore registered retirement plans, capital cost allowance, capital gains, and non-arms-length transactions. The basic concepts of business income are then applied to corporations, calculating net income, taxable income, and federal taxes payable for both public and private corporations. Some tax planning ideas are introduced.

Units: 45.00
Hours: 45.00